News from BetaKit

Ubisoft closes Winnipeg office, laying off another 65 staff

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Alex Riehl @ BetaKit 1 place · 06/12/2026 17:48 EDT

French game developer continues cost-cutting measures just months after closing Halifax office. Read more ›

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After hiring freeze, Wealthsimple makes staff cuts

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Meagan Simpson @ BetaKit · 06/15/2022 12:11 EDT

Approximately 13 percent of Wealthsimple staff are affected by the cuts. Read more ›

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Wave CEO Kirk Simpson to step down three years after acquisition by H&R Block

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Josh Scott @ BetaKit · 06/15/2022 09:48 EDT

Former Mastercard, Afterpay exec Zahir Khoja will replace Simpson. Read more ›

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Snowman gaming studio spinout Pok Pok closes $3.9 million CAD to help kids learn through play

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Josh Scott @ BetaKit · 06/15/2022 09:28 EDT

Apple Design Award-winning Pok Pok has secured backing from gaming VCs. Read more ›

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A|I: The AI Times – Meta shakes up AI unit

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Michael Edgar @ BetaKit · 06/15/2022 05:00 EDT

Plus: 'AI’ Shopping Startup Exaggerated Tech Capabilities to Potential Investors. Read more ›

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Inovia raises $420 million CAD for fifth early-stage venture fund

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Meagan Simpson @ BetaKit · 06/15/2022 03:00 EDT

Inovia’s Shawn Abbott says it's a great time to be a well-capitalized VC. Read more ›

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RBC pens private open banking partnerships with Plaid, Yodlee

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Charlize Alcaraz @ BetaKit 3 place · 06/14/2022 18:06 EDT

With open banking in development, why are Canada’s banks signing private agreements? Read more ›

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Amid crypto crash, WonderFi makes case for long-term survival

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Josh Scott @ BetaKit · 06/14/2022 16:40 EDT

Following Bitbuy acquisition, WonderFi has reduced staff by at least 15 to 20 percent. Read more ›

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Babbly secures $3.2 million CAD to scale speech development software for children

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Charlize Alcaraz @ BetaKit · 06/14/2022 12:20 EDT

The Toronto startup aims to decipher babies’ babbling. Read more ›

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FinTech Nuula launches app in Canada in partnership with Caary and OneVest

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Charles Mandel @ BetaKit · 06/14/2022 11:14 EDT

Nuula is building a partner ecosystem to serve local small businesses globally. Read more ›

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CapIntel closes $14.2 million CAD Series A to fuel US expansion of wealth management sales platform

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Josh Scott @ BetaKit 1 place · 06/14/2022 08:59 EDT

With help of US-based FinTech Collective, CapIntel aims to build on Canadian growth. Read more ›

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Calgary only Canadian tech city not to drop in Startup Genome’s annual ecosystem report

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Charles Mandel @ BetaKit · 06/14/2022 06:00 EDT

Startup Blink report tells different story, with Canadian cities rising up through the ranks. Read more ›

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GoBolt buys same-day delivery startup BoxKnight to accelerate move into small parcel space

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Josh Scott @ BetaKit · 06/14/2022 06:00 EDT

Acquisition comes as GoBolt looks to win big in US fulfillment market. Read more ›

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Québec’s new French language bill prompts letter of concern from tech business leaders

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Charles Mandel @ BetaKit · 06/14/2022 05:00 EDT

Stringent language requirements raise worries over attracting talent and economic damage. Read more ›

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S|W: The SaaS Weekly – Bessemer says centaurs are cool now, Clio agrees

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Michael Edgar @ BetaKit · 06/14/2022 04:45 EDT

Plus: 1Password adds Shopify alum Erin Zipes as chief legal officer, doubling C-suite over past year Read more ›

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MLSE, TMU reveal eight sport tech startups to join third Future of Sport Lab cohort

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Charlize Alcaraz @ BetaKit · 06/13/2022 15:12 EDT

FSL alumni have partnered with brands like the NBA, Red Bull, and Adidas. Read more ›

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FinTech startup Swoop raises £5.4 million to target US expansion through Canadian office

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Charlize Alcaraz @ BetaKit · 06/13/2022 14:16 EDT

Irish company swooped into Canada last year after seeing country’s commitments to open banking. Read more ›

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University of Waterloo quantum expert-led EvolutionQ aims to help orgs “prepare for the quantum age”

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Josh Scott @ BetaKit 2 place · 06/13/2022 06:00 EDT

As quantum computing race heats up, EvolutionQ secures $7 million CAD for quantum-safe cybersecurity. Read more ›

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F|T: The FinTech Times – Clearco continues EU expansion, Hopper continues FinTech expansion

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Michael Edgar @ BetaKit · 06/13/2022 05:30 EDT

Plus: How crypto giant Binance became a hub for hackers, fraudsters, and drug traffickers Read more ›

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Canadian startup news of the week (6/12/22)

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Michael Edgar @ BetaKit 3 place · 06/13/2022 05:00 EDT

Plus: The results are in for Tobi Lütke at Shopify. Read more ›

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What’s behind the explosion in acquisition entrepreneurship?

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Douglas Soltys @ BetaKit · 06/12/2022 18:14 EDT

Welcome to the entrepreneurial equivalent of glamping. Read more ›

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